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Doha property deals up 20pct in 2012

Posted on 18 February 2013

Doha property sales volumes increased 20 percent in 2012, reaching 7,000 transactions, according to real estate services firm Asteco.The value of property sales in Doha Municipality increased by 35 percent in comparison to the previous year. According to the Asteco 4Q2012 Qatar report, most of the sales were registered in non-freehold areas, where only Qatar and GCC nationals can buy land.
The total value of transactions for apartment blocks in non-freehold areas increased by 87 percent in Q4 compared with Q3, with the volume of transactions up by 42 percent during the same period, Asteco reported………………………………………..Full Article: Source


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